Elon Musk doesn’t save the court with Twitter after all
The trial looks set to go ahead as usual
A few hours ago, Elon Musk filed a new letter with the United States Securities and Exchange Commission (SEC), through which he confirmed his intention to buy the well-known social network Twitter, for $54.20 per share, which was the original plan. His only condition was that the company drop the lawsuit against him, which would land both sides in court days from now.
Ultimately, it looks like the two sides will indeed meet in courtrooms, Chancellor Kathaleen McCormick revealed in a new legal filing. This is the judge overseeing the trial, in which Twitter is trying to legally force Elon Musk to buy the company for $44 billion, as he originally agreed. McCormick, therefore, stresses that she has not received any request for a stay, so the lawyers will have to go full speed ahead.
Musk’s testimony is scheduled for tomorrow, and if it does take place, it will certainly draw attention. One of the big questions that remains to be answered is whether Musk has provided all the necessary information, since Twitter’s lawyers claim that he used Signal to send temporary messages about the matter, which are now lost forever.
In her new letter, Chancellor Kathaleen McCormick agrees that it is possible there are messages related to the case that are now lost forever, but she did not clarify whether she plans to impose any sanctions on Musk, as requested by Twitter.